-----Original Message-----
Subject: CLOSING A PROJECT
Hello,
I tried to close a project # 2600000089. I am getting an error message "
There is still WIP for WBS 2600000089 ".
The long text suggests that " Calculate the WIP for WBS 2600000089 so that it
can be cleared. Then settle WBS 2600000089, including the cleared WIP in the
settlement ".
I am not clear with this information. What should I do for this ??
We went from 3.1H to 3.1I about 20 days back. In 3.1H I have never come
across like this..
Thank you ..
-----Reply Message-----
Subject: RE: CLOSING A PROJECT
Typically this occurs for one of two reasons:
- You have costs on the WBS that need to be settled to a cost center or other
WBS
- You have RA that still needs to be run and settled
This can get comlicated if you are not doing full settlement as you will have to
open up the past periods to fix it.
-----Reply Message-----
Subject: RE: CLOSING A PROJECT
Hi,
You cannot close the project if you have a WIP value in it. It's because:
1. No invoice has been generated for that project. (fully invoiced status
hasn't been reached). If you generate the invoice, the WIP value will be
transferred to cost of sales.
2. Invoice has been generated but the WIP value is not yet settled fully due
to some provision as provided by the difference between your plan values and
actual values. Have both values equal and run the RA and settlement again. Once
WIP is zero, then change the status to CLOSED.
